It seems that the future of 46 million people under Medicare and 60 million under Social Security benefits is under clouds. As per a recent report, the stipulated life of health-care program's largest trust fund would be short-lived.

US financial experts demand China to strengthen the Renminbi in line with the upcoming G-20 conference that responds to the global ‘currency crisis’.

As G-20meetings in South Korea impend, most stock exchange investors don’t risk assets on the European market, a fact that weakens the euro.

The G-20 meeting of finance ministers of the most powerful, economic nations of the globe will circulate around the worldwide currency crisis and its expected consequences.

According to a Democratic official, Elizabeth Warren, Harvard law professor will be appointed as a special advisor to a Treasury Department by the President Obama.

The U. S. Treasury Secretary, Timothy Geithner honed his critique of China's exchange rate strategies, expressing that the yuan was bolstering too gradually and that he will glance for new means to get Beijing to move more rapidly.

The US has said that the world's largest economies ought to keep their focus on maintaining growth, in order to avoid a double-dip depression. As the G20 summit starts in Canada, the US Treasury Secretary Timothy Geithner said Europe and Japan should increase domestic demand instead of bringing cuts in the investment.

US Treasury Secretary, Timothy Geithner will be sending two official messages across to Germany officials, suggesting them to pay better attention on potential market reactions and policies moves; and accelerate the European rescue program.

Germany approved the €147.6 billion contribution to the European rescue program on Friday.

Treasury Secretary Timothy Geithner is bringing two messages to officials in Berlin next week: be more receptive to potential market response to policy moves, and work quicker on the massive European rescue program that German lawmakers blessed Friday, approving the country's €147.6 billion ($182.93 billion) contribution.

U. S. Treasury Secretary Timothy Geithner on Wednesday posted that he wanted to witness Europe "follow through" with its bailout package it has extended with a primary aim to boost the spread of the Greek debt crisis.

U. S. Treasury Secretary Timothy F. Geithner reveals that he is fully sure that China will permit the value of the yuan to appreciate against the dollar.